Net Neutrality regulations go by the wayside in 2018 unless Congress votes to block the FCC's decision to repeal the regulations. So who wins and who loses when the time comes?
Ryan Rabac, Manager of Digital Marketing at the American Sustainable Business Council, says start-ups stand to lose the most if and when net neutrality is repealed. The ASBC argues that the cost of entry for new businesses will be higher as digital companies pay to receive preferential speeds in the new internet normal.
Who wins? Rabac says that the only winners will be the large telecom companies who supported the repeal. Companies like Verizon and Comcast have more control over what they charge for spectrum use.
While major digital companies like Netflix could have to pay more since they use so much data, Rabac argues that they won't be as negatively impacted as start-ups because they have the money to afford it.
Sen. Chuck Schumer (D-N.Y.) joined the NYC Cannabis Parade, the first since the Empire State legalized marijuana. The senator promised to continue to fight for "fair, just, and full legalization" on a federal level.
Former President Donald Trump won’t return to Facebook. The social network’s quasi-independent Oversight Board has voted to permanently ban his account after it was suspended four months ago for inciting violence that led to the deadly Jan. 6 Capitol riot.
President Joe Biden has set a new vaccination goal to deliver at least one dose to 70% of American adults by July Fourth.
Sen. Amy Klobuchar (D-Minn.) joined Cheddar to discuss her new book "Antitrust," tackling the issues of monopolistic business practices, particularly in Big Tech.
Turkey’s shipbreaking yard is located in the town of Aliaga - about 30 miles north of Port Izmir. Usually, this yard breaks down cargo and container ships. But in 2020, it started bringing in another type of vessel. And business is booming.
Bill and Melinda Gates say they're divorcing. The Microsoft co-founder and his wife, who launched the world’s largest charitable foundation, said they would continue to work together at the Bill & Melinda Gates Foundation.
Jon M. Chu, director of 'Crazy Rich Asians,' discussed the issues of diversity and AAPI representation in Hollywood with Cheddar.
Air travel continues to recover from the pandemic, although it's still not close to normal.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
Lincoln Mondy, advocate and filmmaker behind the short film "Black Lives/Black Lungs," talked to Cheddar about the FDA's announcement it will move to ban menthol-flavored cigarettes.
